Company Profile
Hero MotoCorp Ltd. is the world’s largest manufacturer of motorcycles and scooters. With innovation at the core of its philosophy, the New Delhi (India) headquartered Hero MotoCorp has been at the forefront of designing and developing technologically advanced motorcycles and scooters for customers around the world. It became the world’s largest two-wheeler manufacturer in 2001, in terms of unit volume sales in a calendar year, and has maintained the coveted title for the past many years.
It has taken rapid strides to expand its presence to many countries across Asia, Africa, and South & Central America. It is a truly global enterprise with a workforce that comprises of people from different nationalities including India, Bangladesh, Colombia, Germany, Austria, Japan, and France. It is the dominant market leader in India. The story of company can be traced back to the vision of a mobile and empowered India, powered by its two wheelers. Currently, the company has made it its mission to become the best two wheeler company, not only in India but globally by setting benchmarks in style, performance and technology.
Business area of the company
Hero MotoCorp is manufacturer of motorcycles and scooters. It is India's leading two wheeler company, which has been providing customers with an excellent range of two wheelers that ensure both style and comfort.
Products
Xtreme 160R BS6
Xpulse 200 BS6
Passion Pro BS6
Splendor iSmart BS6
Splendor+ BS6
Glamour BS6
HF Deluxe BS6
Super Splendor BS6
Destini 125 BS6
Maestro Edge 125 BS6
Maestro Edge 110 BS6
Pleasure+ BS6
Xpulse 200T
Xtreme 200S
Awards and Recognition
2004
Winner of the Review 200 - Asia's Leading Companies Award (3rd Rank amongst the top 10 Indian companies).
ICSI National Award for Excellence in Corporate Governance 2004 by the Institute of Company Secretaries of India.
2005
2006
Corporate Social Responsibility Award.
Top Indian company in the Automobile - Two Wheeler sector by Dun & Bradstreet - American Express Corporate Awards 2006.
Hero Honda Splendor rated as India's most preferred two-wheeler brand at the Awaaz Consumer Awards 2006.
NDTV Profit Car India & Bike India Awards 2006.
2007
2008
NDTV Profit Business Leadership Award 2008.
TopGear Design Awards 2008.
NDTV Profit Car India & Bike India Awards.
IndiaTimes Mindscape and Savile Row (A Forbes Group Venture) Loyalty Awards.
Asian Retail Congress Award for Retail Excellence (Strategies and Solutions of business innovation and transformation).
NDTV Profit Car India & Bike India Awards.
TNS Voice of the Customer Awards.
2009
'Two-wheeler Manufacturer of the Year' by NDTV Profit Car & Bike Awards 2009 and Passion Pro adjudged as CNB Viewers' Choice two-wheeler.
Top Indian Company under the 'Automobile - Two-wheelers' sector bythe Dun & Bradstreet-Rolta Corporate Awards.
Won Gold in the Reader's Digest Trusted Brand 2009 in the 'Motorcycles' category.
NDTV Profit Business Leadership Awards 2009 - two-wheeler category.
2010
Rated as Top Indian Company in Automobile - Two Wheelers sector by Dun & Bradstreet - Rolta Corporate Awards 2009.
Most Preferred Brand of Two-Wheelers' award at the CNBC Awaaz Consumer Awards.
Adjudged at top of the two-wheeler category in the Brand Equity Most Trusted Brands 2010 Survey.
Ranked No. 3 Most Trusted Brand across categories amongst Young Adult Males.
Company of the Year awarded by Economic Times Awards for Corporate Excellence 2008-09.
CNBC TV18 Overdrive Awards 2010 'Hall of Fame' to Splendor.
NDTV Profit Car & Bike Awards 2010 - Two-wheeler Manufacturer of the Year, CnB Viewers' Choice Two-wheeler of the Year (Karizma ZMR) and Bike Maker of the Year by ET-ZigWheels Car & Bike of the Year Awards 2009'.
2011
2012
Business Leader in Automobiles (two-wheelers) at the NDTV Profit Business Leadership Awards 2012 (Conferred upon Mr. Pawan Munjal).
Best value for Money Bike Maker and Best Advertising in Two Wheelers Category at the Auto India Best Brand Awards 2012.
Digital Advertiser of the year at the Indian Digital Media Awards (IDMA) 2012.
Three awards (Launch Event of the year, Rural Engagement Progamme and Live Patron Award for Marketing Excellence) at the WOW Awards organised by EventFAQsAdvertiser of the year 2012 by Indian Digital Media Awards 2012.
Innovation in Loyalty Marketing Award (Initiative: Hero GoodLife Utsav) by Colloquy Loyalty Awards.
TPM Excellence Award 2012 by JIPM (Japan Institute of Plant Maintenance).
2013
Green Pioneer Award - 2013.
Business Leader of the Year' Award by Hon'ble President of India, Shri. Pranab Mukherjee, at the AIMA Managing India Awards 2013 on April 11, 2013 (Conferred on Mr. Pawan Munjal).
Business Leader of the Year' Award in the Auto (Two Wheelers) category by Deputy Chairman of the Planning Commission Mr. Montek Singh Ahluwalia, at the NDTV Business Leadership Awards 2013 (Conferred on Mr. Pawan Munjal).
CFO of the year Award (Conferred on Mr. Ravi Sud).
2016
2020
XPulse 200 awarded Indian Motorcycle of the Year 2020 by media houses and also awarded Tourer Bike (upto 250cc) of the Year 2020 by Flywheel Auto Awards.
XPulse 200 was also awarded Bike of the Year (upto 200cc) and two-wheeler of the year by Car and Bike India.
Maestro Edge 125 FI was chosen as Scooter of the Year 2020 by Autocar and by Car and Bike India.
National Award for Excellent Energy Efficient Unit by CII to Gurgaon Plant.
Milestones
1983
1984
1985
1987
1989
1991
1992
1994
New motorcycle model - 'Splendor' introduced
1,000,000th motorcycle produced
1997
1998
1999
New motorcycle model - 'CBZ' introduced
Environment Management System of Dharuhera Plant certified with ISO-14001 by DNV Holland
Raman Munjal Memorial Hospital inaugurated - A Hospital in the memory of founder Managing Director, Mr. Raman Kant Munjal
2000
4,000,000th motorcycle produced
Environment Management System of Gurgaon Plant certified ISO-14001 by DNV Holland
Splendor declared 'World No. 1' - largest selling single two-wheeler model
'Hero Honda Passport Programme' - CRM Programme launched
2001
New motorcycle model - 'Passion' introduced
One million production in one single year
New motorcycle model - 'Joy' introduced
5,000,000th motorcycle produced
2002
Becomes the first Indian Company to cross the cumulative 7 million sales mark
Splendor has emerged as the World's largest selling model for the third calendar year in a row (2000, 2001, 2002)
New motorcycle model - 'CD Dawn' introduced, New motorcycle model - 'Splendor +' introduced, New motorcycle model - 'Passion Plus' introduced, New motorcycle model - 'Karizma' introduced
2004
New motorcycle model - 'Ambition 135' introduced
Hero Honda became the World No. 1 Company for the third consecutive year.
Crossed sales of over 2 million units in a single year, a global record
Splendor - World's largest selling motorcycle crossed the 5 million mark
New motorcycle model - 'CBZ' introduced
Joint Technical Agreement renewed
Total sales crossed a record of 10 million motorcycles
2005
Hero Honda is the World No. 1 for the 4th year in a row
New motorcycle model - 'Super Splendor' introduced, New motorcycle model - 'CD Deluxe' introduced New motorcycle model - 'Glamour' introduced, New motorcycle model - 'Achiever' introduced
First Scooter model from Hero Honda - 'Pleasure' introduced
2006
Hero Honda is the World No. 1 for the 5th year in a row
15 million production milestone achieved
2007
Hero Honda is the World No. 1 for the 6th year in a row
New 'Splendor NXG' launched
New 'CD Deluxe' launched
New 'Passion Plus' launched
New motorcycle model 'Hunk' launched
20 million production milestone achieved
2008
Hero Honda Haridwar Plant inauguration
New 'Pleasure' launched
Splendor NXG launched with power start feature
New motorcycle model 'Passion Pro' launched
New 'CBZ Xtreme' launched
25 million production milestone achieved
CD Deluxe launched with power start feature
New 'Glamour' launched
New 'Glamour Fi' launched
2009
Hero Honda GoodLife Program launched Hunk' (Limited Edition) launched
Splendor completed 11 million production landmark
New motorcycle model 'Karizma - ZMR' launched
Silver jubilee celebrations
2010
2011
New licensing arrangement signed between Hero and Honda
Launch of new refreshed versions of Glamour, Glamour FI, CBZ Xtreme, Karizma
Crosses the landmark figure of 5 million cumulative sales in a single year
July 29, 2011 - Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company
2012
2013
Neemrana Plant Foundation Stone laid
50 Million cumulative 2 wheelers production
Hero Motocorp Commences Construction Of Its New Plant & Global Parts Centre
Hero Motocorp Launches Another Market First Offers Warranty Of 5 Years On All Its Two-Wheelers
Hero Motocorp Commences Construction of Its ''GAME-CHANGING'' Centre Of Global Innovation And Research & Design
Hero Motocorp Sets Yet Another Milestone In Its Journey Of Technological Leadershiphero Motocorp Zooms Ahead With Record Retail Sales Of Over 1.2 Million Units In Oct-Nov
2014
Hero Motocorp Heralds A New Era Of Technology Leadership
Hero Motocorp Sets New Benchmark for the Global Two Wheeler Industry
Hero Motocorp Launches Splendor Ismart With Game Changing I3s Technology
2015
Hero MotoCorp Augments Leadership with Highest-ever Calendar Year Sales in 2014
Hero MotoCorp has launched a new entry level commuter, the HF Dawn
Hero MotoCorp launches new Passion Pro bike
HMCL Americas INC enters into ''Settlement Agreement'' to Acquire EBR's Consulting Business
Hero MotoCorp has commenced operation in their first ever plant outside India established in Villa Rica, Colombia
2016
Hero MotoCorp Commences the New Year with Robust Sales
Hero MotoCorp unveils four new 2-wheelers
Hero MotoCorp unveils technology & innovation-driven new product strategy
Hero MotoCorp inaugurates CIT in Jaipur -Hero MotoCorp Marks Five Years of Solo Journey with Leadership Performance
Hero Motocorp begins a new era with the Splendor iSmart 110 - the first motorcycle completely designed & developed in-house
2017
Brad launch in Argentina
First ever global product launch - Glamour 125 in Buenos Aires
Appointment of Diego Simeone as Brand Ambassador
Surpassed 75 million in cumulative sales
Commercial production began at manufacturing facilities in Gujarat and Bangladesh
Awarded the ‘Indian MNC of the Year’ by the All India Management Association (AIMA)
Became the National Supporter of the FIFA U-17 World Cup 2017
Hero Challenge introduced on Scottish Open
Hero MotoSports Team Rally’s debut at Dakar 2017
2018
Launch of e-commerce portal for Hero Genuine Parts
Entry into pre-owned two-wheeler business
Hero Joyride program crossed One Million customer registrations
Foundation stone laid at 8th manufacturing site in Andhra Pradesh (Chittoor)
Hero MotoCorp Surpasses Record 7 Million Unit Sales In Calendar Year (Jan-Dec) 2017 - Yet Another Global Benchmark
Hero MotoCorp Rides Into The Future With An All-New Roadster The Xtreme 200R
Hero MotoCorp Unveils India’s First 200cc Adventure Motorcycle – ‘XPulse’
Hero MotoCorp Sets A New Benchmark With Its New Customer Care Program Hero Joyride
Hero MotoCorp Lays Foundation Stone Of Its 8th World-Class Manufacturing Facility
Hero MotoCorp Makes A Bold & Premium Entry In The 125cc Scooter Segment With Destini 125
Hero MotoCorp To Expand Its Premium Range With New Motorcycle - XPulse 200T
Hero MotoCorp Extends Its Global Ride With Tiger Woods
Hero MotoCorp Signs Virat Kohli As Brand Ambassador
2019
Hero MotoCorp, capped-off the Calendar Year (CY) 2018 with yet another significant benchmark, by selling a record 8,039,472 units of motorcycles and scooters in the January-December period.
Hero MotoCorp, announced setting-up of its first Research and Development (R&D) Center at a global location - the Hero Tech Center Germany GmbH
Hero MotoCorp Title Sponsor SJOBA Rally
Hero MotoCorp catapults into a new era of premium biking, launches Xtreme 200S, XPulse 200, XPulse 200 FI and XPulse 200T
Hero MotoCorp augments its premium strategy in scooter segment- Launches Maestro Edge 125 and Pleasure+ 110
Hero MotoCorp becomes first two-wheeler manufacturer to get BS-VI certification
Hero MotoCorp announced the appointment of Yerry Mina, the popular Colombian professional footballer, as its new Brand Ambassador
"Diversity" Journey At Hero MotoCorp Surpasses Significant Milestone With 1000 Women Employees
Hero MotoSports Wins The Pan Africa Rally 2019 At Merzouga
Hero MotoCorp Surpasses 25 Million Units Landmark In Cumulative Production At Haridwar Facility
Hero MotoCorp Launches India's First BS-VI Motorcycle
2020
Hero MotoCorp Forays Into Connected Mobility With 'Hero Connect'
Hero MotoCorp launches Glamour BS-VI, Passion Pro BS-VI, XPulse Rally Kit and Xtreme 160R At 'Hero World 2020'
Hero MotoCorp Intensifies Digital-First Approach by launching eSHOP for online sales of products